Startup DreamersStartup Dreamers
  • Home
  • Startup
  • Money & Finance
  • Starting a Business
    • Branding
    • Business Ideas
    • Business Models
    • Business Plans
    • Fundraising
  • Growing a Business
  • More
    • Innovation
    • Leadership
Trending

Nvidia Will Spend $26 Billion to Build Open-Weight AI Models, Filings Show

March 17, 2026

When AI Companies Go to War, Safety Gets Left Behind

March 16, 2026

A Former Top Trump Official Is Going After Prediction Markets

March 14, 2026
Facebook Twitter Instagram
  • Newsletter
  • Submit Articles
  • Privacy
  • Advertise
  • Contact
Facebook Twitter Instagram
Startup DreamersStartup Dreamers
  • Home
  • Startup
  • Money & Finance
  • Starting a Business
    • Branding
    • Business Ideas
    • Business Models
    • Business Plans
    • Fundraising
  • Growing a Business
  • More
    • Innovation
    • Leadership
Subscribe for Alerts
Startup DreamersStartup Dreamers
Home » Elon Musk’s Toxicity Could Spell Disaster for Tesla
Startup

Elon Musk’s Toxicity Could Spell Disaster for Tesla

adminBy adminFebruary 24, 20250 ViewsNo Comments4 Mins Read
Facebook Twitter Pinterest LinkedIn Tumblr Email

“I’ve defended you guys so much over the years, and you make great products, but even I can’t stick up for you anymore,” she stated.

Róbertsdóttir, now a software developer for Icelandic air traffic control company Isavia, started her tech career as founder of Iowa-based Celadon Applications. This 2009 startup developed software for electric vehicles. A long-time Tesla stockholder, one of her resolutions was put to the vote at Tesla’s annual shareholder meeting in 2023, calling on Tesla’s board to release a succession plan for Musk and other “key persons” whose behavior could create a risk for the company and shareholders.

“When people look at this company,” she said at the meeting, “they see the company as a synonym for its CEO.” (The board recommended rejecting the resolution, and it was duly voted down.)

While some shareholders have already voted with their feet—in January, Dutch civil service pension fund ABP sold its €782 million stake in Tesla, for instance—most still seem unbothered by Musk’s trolling, or his apparent takeover of the US government’s executive branch with the help of young coders. Musk’s “pedo guy” comments against a British cave rescue diver, successfully defended in a 2019 defamation trial, didn’t ruffle that many shareholder feathers, but it’s harder to ignore sales cull calls.

In late January, Poland’s sports and tourism minister Sławomir Nitras lobbied for a Tesla boycott. “There is no justification for any reasonable Pole to continue purchasing Teslas,” he said.

In Germany, where Musk has caused outrage by endorsing far-right political party Alternative for Germany (AfD), going so far as to appear as a surprise video guest at the party’s national election campaign launch last month, several companies have cut ties with Tesla. Drugstore chain Rossmann, with 4,700 stores across Europe, has replaced Tesla in its electric fleet with other EV brands, citing the “incompatibility” of its corporate values and Musk’s ideology.

German energy company LichtBlick revealed an uncoupling from Tesla on a LinkedIn post. “We are pulling the plug on Tesla vehicles in our fleet,” said the announcement, with the firm’s real estate head, Kevin Lütje, clarifying that “Elon Musk’s support of Donald Trump and his recommendation to vote for a right-wing populist and right-wing extremist party … is in no way compatible with LichtBlick’s values.” He stated that “climate protection and electromobility are extremely important to us, but in the future we will be relying on providers other than Tesla.”

Such boycotts benefit Tesla’s rivals. “We have seen an increase in people writing to us and switching to Polestar in recent months,” Polestar’s German CEO Michael Lohscheller tells WIRED. Lohscheller called Musk’s endorsement of AfD “totally unacceptable.”

There are many reasons for Tesla’s waning fortunes in Europe—including stale model line-up (Geely’s Gothenburg-developed Zeekr 7X SUV has more bells and whistles than a Model Y) and expense (a Model 3 costs €39,990 in Europe, while many better EVs are biting into this price point)—but Musk’s steady descent from real-life Tony Stark to MAGA power broker seems to be a key reason for Tesla’s current precipitous fall from grace.

Tesla sales dropped 13 percent across the whole European Union in 2024, according to data from the industry body ACEA, and just like in Spain and France, in many key markets the fall is still steeper. According to the German Federal Motor Transport Authority, Tesla registered only 1,277 new cars in Germany in January, a year-on-year drop of 59.5 percent.

Tesla was contacted for this piece and did not respond, but there seems to be no light at the end of the tunnel for Tesla sales in Europe. A recent survey by Dutch news outlet EenVandaag got responses from 432 Tesla drivers. Some “31 percent are either contemplating selling their car or have already done so,” the survey found. Forty percent of owners felt embarrassed to own a Tesla. By any measure, these are statistics that no car company wants to own.

Read the full article here

Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Articles

Nvidia Will Spend $26 Billion to Build Open-Weight AI Models, Filings Show

Startup March 17, 2026

When AI Companies Go to War, Safety Gets Left Behind

Startup March 16, 2026

A Former Top Trump Official Is Going After Prediction Markets

Startup March 14, 2026

Apple Blocks US Users From Downloading ByteDance’s Chinese Apps

Startup March 13, 2026

Missile Attacks Are Overwhelming the Gulf. Delivery Drivers Are Still on the Roads

Startup March 12, 2026

The Data Centers Have Arrived at the Edge of the Arctic Circle

Startup March 11, 2026
Add A Comment

Leave A Reply Cancel Reply

Editors Picks

Nvidia Will Spend $26 Billion to Build Open-Weight AI Models, Filings Show

March 17, 2026

When AI Companies Go to War, Safety Gets Left Behind

March 16, 2026

A Former Top Trump Official Is Going After Prediction Markets

March 14, 2026

Apple Blocks US Users From Downloading ByteDance’s Chinese Apps

March 13, 2026

Missile Attacks Are Overwhelming the Gulf. Delivery Drivers Are Still on the Roads

March 12, 2026

Latest Posts

ByteDance’s AI Ambitions Are Being Hampered by Compute Restraints and Copyright Concerns

March 10, 2026

OpenAI Had Banned Military Use. The Pentagon Tested Its Models Through Microsoft Anyway

March 9, 2026

What AI Models for War Actually Look Like

March 8, 2026

Wall Street Has AI Psychosis

March 7, 2026

Trump Imposes New Tariffs to Sidestep Supreme Court Ruling

March 5, 2026
Advertisement
Demo

Startup Dreamers is your one-stop website for the latest news and updates about how to start a business, follow us now to get the news that matters to you.

Facebook Twitter Instagram Pinterest YouTube
Sections
  • Growing a Business
  • Innovation
  • Leadership
  • Money & Finance
  • Starting a Business
Trending Topics
  • Branding
  • Business Ideas
  • Business Models
  • Business Plans
  • Fundraising

Subscribe to Updates

Get the latest business and startup news and updates directly to your inbox.

© 2026 Startup Dreamers. All Rights Reserved.
  • Privacy Policy
  • Terms of use
  • Press Release
  • Advertise
  • Contact

Type above and press Enter to search. Press Esc to cancel.

GET $5000 NO CREDIT